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Senegalese FMCG Intelligence Startup Lengo AI Secures Pre-Seed Funding for Expansion 🇸🇳

Senegalese FMCG Intelligence Startup Lengo AI Secures Pre-Seed Funding for Expansion 🇸🇳

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#funding
Senegalese FMCG intelligence startup Lengo AI has raised a seven-figure pre-seed round of funding to help it develop its product and team, and expand into new African markets.

Senegalese startup Lengo AI has secured a significant pre-seed funding round, co-led by Acasia Ventures and Ventures Platform, to further develop its data-driven operating system for informal retail. The platform aims to provide valuable insights to FMCG brands by connecting thousands of corner shops with real-time sales data. This investment will help Lengo AI expand its team, enhance its AI capabilities, and enter new African markets.


🚀 Key Points:

- Lengo AI offers a data-driven operating system for informal retail in Africa.

- The platform connects retailers and FMCG companies, providing real-time performance data on product sales.

- The seven-figure pre-seed round was co-led by Acasia Ventures and Ventures Platform, with participation from other investors.

- Lengo AI plans to use the funding to expand its tech and sales teams, develop its AI capabilities, and enter new African markets.

- The platform already monitors over 2,000 products in near real-time and aims to connect with corner shops using AI technology.


🌍 Impact :

Lengo AI's expansion will enable more corner shops to access real-time market data, helping FMCG brands make informed decisions and improve product distribution in African markets.


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